I am an ordinary trader from Ukraine 🇺🇦🫡

#OM is this an attempt to recover after a sharp decline or just an ordinary bounce❓$OM is trading at $0.64, which is -5.97% lower, after returning from a daily minimum of $0.6152. Despite the selling pressure, buyers are gradually becoming active, contributing to a slight price increase on the 15-minute chart.

Key levels:

- Support: $0.6336 / $0.6152

- Resistance: $0.6440 / $0.6624

Strategy:

- Long position: breakout and consolidation above $0.6440

- TP1: $0.6624

- TP2: $0.6780

- SL: below $0.6300

The order book indicates buyer dominance (Bid: 53.69%, Offer: 46.31%), suggesting the beginning of accumulation. A breakout above $0.6440 could change the dynamics, but it is important to consider the risk of high volatility.

You can always start trading here: $OM